Dec 7, 2012 2:00pm EST
the day after the election to put receive news on the table to take a step toward the topt try to resolve. this when is he going to take a step towards us? >> can you see some way you can agree to tax rate increase and protect small businesses at the same time, maybe going with the 37% or some middle ground? >> there are a lot of things that are possible. but none of it is going to be possible. the president insist on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. thanks. >> minority leader me lows si speak today. here are her remarks. >> this morning we received the news that the economy added 146,000 jobs last month. the unemployment rate fell to 7.7% and we mark the 33 reasonable doubt consecutive month of private sector job growth. our economy is moving forward but it could be growing at a faster rate if the republican leadership had taken up and passed some of president obama's job initiatives including the american jobs act and had passed the middle income tax cut. having done tha
Dec 4, 2012 8:00pm EST
to stress the need for elected officials to act. for not only has the passage of time exacerbated some of the economic problems, it has revealed a perhaps equally-dangerous political one. our inability to grapple with pressing fiscal challenges represents nothing less than a crisis in our democratic order. compounding the instability and unpredictability in a volatile world. our propositions for this coalition are simple. the national security of the united states depends on its economic health. that health must be insured by averting the immediate crises and by laying the groundwork for a rigorous, long-term program of debt reduction, smart investment, economic growth and lower income inequality. in national security spending, we can target investments much more efficiently in response to threats that are evolving before our eyes. and resources need to be shifted toward nonmilitary elements of our national security posture. in the immediate term -- and by that i mean over the next four weeks -- we must avoid driving our country over the fiscal cliff. no partisan ideology is worth the
Dec 5, 2012 11:00pm EST
. >> in a few days after the election when republicans vote didn't have the president has been disbanded voters like a 44-point gap. right away they said we need to do something aggressive on immigration. but it wasn't a couple weeks. republicans already couldn't agree on what needs to be done. how do you get your own party on the same page, devout democrats? >> i disagree. i don't think that's it's happening. what happens is the concept of immigration reform is one of consensus on the details of immigration reform with every major piece of legislation. we have millions of people who come here illegally. a lot of them come to me and say we've done it the right way and we didn't pay the fees, the churchgoing may somehow affecting the legally legally it would have been faster? it didn't seem right, so people are troubled by it. that's one example of one debate we will have. there's going to be invited to bid in the democratic party. as labor unions i'm in favor of a guestworker program. they will have an internal party debates. there's no magic solution. it's important to do and i believe we can.
Dec 9, 2012 10:30am EST
, that needs to be increased. it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the other half through higher tax rates. $1.2 trillion in cuts to programs -- medicare and medicaid, social security, and other budget items -- that would leave you with approximately $400 billion in interest savings. at all of that together and you get $3 trillion. the spending cuts were implemented as part of the budget